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HomeMy WebLinkAboutItem #32 - First Reading OrdinanceJ-87-246 3/9/87 1r 6�_ ORDINANCE NO. AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE NO. 10187, ADOPTED DECEMBER 11, 1986, THE CAPITAL IMPROVEMENT APPROPRIATIONS ORDINANCE, BY INCREASING THE APPROPRIATION FOR THE PROJECT ENTITLED "SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT -PHASE I" PROJECT NO. 322029 BY $4,641,100 FROM THE FOLLOWING REVENUE SOURCES: THE GENERAL FUND-rOAN, COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, DEVELOPERS DEPOSIT, RENT DEPOSIT, MISCELLANEOUS REVENUE, AND URBAN MASS TRANSPORTATION ADMINISTRATION LOCAL MATCH (CD) FUNDS; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, the Department of Development is responsible for the implementation of the Southeast Overtown/Park West Redevelopment Project; and WHEREAS, the funds have been allocated from the general fund, Community Development, bid deposit from Phase I developers, rent deposit, bonds and miscellaneous revenue; and WHEREAS, for accountability th epartment of Development along with the Finance, Plannin gement and Budget and Community Development Departmen are d irons of consolidating V all funds allocated to Southisu Overtown/Park West -Phase I under one project; NOW, THEREFORE, BE IT OF MIAMI, FLORIDA: Section 1. S I \ December 11, 1986, s particulars: 1/ %/ NED BY THE COMMISSION OF THE CITY 1 of Ordinance No. 10187 adopted, hereby amended in the following "Section 1. he herein appropriations are hereby made for im 1 entation of all municipal capital improvements the City of Miami, including new capital ,imp ement projects scheduled to begin during f a year 1986-87. The herein —� appr priati which are hereby designated by refe a ce descriptive project title and number also ncl d appropriations for previously approved sch led ojects as well as re -appropriations of pr nd appropriations. The source of revenues to s or he herein appropriations is hereby 1/ Words ands or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. All figures are rounded to the nearest hundred dollar. X" 10-34 :